Depending on how long homeowners have lived in a house, it is natural for belongings to accumulate, and it is hard to keep track of things, especially if they own more than they realize. Homeowners can miss some things when they try to list off their valuable possessions. That is why creating or updating a home inventory of your possessions at least annually offers benefits beyond having a total accounting…
Suretyship is about having the assurance that a significant task or obligation will be delivered as promised. Surety generally takes the form of a bond, which is an agreement or contract that the surety company is indebted to or at some point must pay the one who holds it, in the scenario that the contractor fails to meet some obligations or terms of the contract. What is a surety bond,…
Every year is off to a busy start, with people listing their priorities off, including what they aim to accomplish for the year ahead. Often, with so much to consider, many policyholders forget to include reviewing their policy on their list. So much can happen in a few months; it may include major purchases, significant life events, and many lifestyle changes or circumstances. Hence, it is essential to review one’s…
The past year has various industries suffering from the impact of the coronavirus pandemic. The insurance industry is no exception as it has to deal with several issues relating to business continuity, services, and operational profit. All of which are highly disruptive, prompting insurers to strive and adapt to profound changes. People can only predict what 2021 can bring, but one thing is for sure, we live in a world…
The coronavirus pandemic is not the only crisis the Philippines has faced. The country, being one of the most disaster-prone countries in the world, has Filipinos continuously suffering from harm and property damage brought upon such tragedies. The Philippines is vulnerable to natural hazards such as earthquakes, cyclones, floods, and even volcanic eruptions than most countries, thanks to the nation’s geographic location. While the Philippine Government undoubtedly improved financing capacity…
Accidents and health issues can threaten financial security anytime—an unexpected hospital stay and a medical care plan might not be enough to cover all the medical services needed. With health insurance ph, the insured’s medical expenses are covered should they get sick or injured. The insured can also access preventative care such as doctor visits and various tests, preventing the onset of any potential diseases. In most cases, people with…
When talking about insurance policy, there are different types of coverage available. Depending on what is covered in a policy, people can ensure financial assistance from life-altering situations that can render people financially incapable. The everyday uncertainty stresses the importance of insurance should certain things happen. While preventing such occurrences is impossible, at least financially, people are in control as the insurance policy can safeguard them from impending obstacles. Despite…
Insurance companies in the Philippines are always exerting their best efforts in providing the appropriate and best insurance coverage for their clients. Everyone must always be ready to get themselves ensured since it helps them to significantly lessen their burden in cases of unexpected events such as accidents and loss of properties. In case you’re planning to invest in a house, a car, or a property that might cost…
Measuring success depends on an individual’s perception. For some, it means having a stable job without anyone’s objections about doing what they are passionate about, while others consider success as saving a significant amount of money for their long-term plans. However, many equate success to building a house of their own. Buying a home is the epitome of a perfect dream for many Filipinos. There is nothing more fulfilling than…
The Metro Manila Development Authority (MMDA) lifted the number coding scheme in March this year due to limited public transportation operations during the enhanced community quarantine in Metro Manila. Seven months after the suspension, the agency decided to keep the coding scheme lifted because of the limited number of public utility vehicles available for many Filipinos’ return to the roads after the lockdown. MMDA General Manager Jose Arturo Garcia has…